What Is the Name of the Highly Efficient Manufacturing System

question 154

Short Answer

What is the name of the highly efficient manufacturing system initiated in Japan that has encouraged Japanese firms to locate the assembly of components and finished goods in a single area?

Identify the factors influencing the choice between base pay and performance pay.

Comprehend the implications of compensation design on employee behavior and organizational structure.

Recognize the importance of legal and fiscal considerations in shaping compensation strategies.

Understand the components of the compensation mix and their roles.

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Definitions:

Mental Abilities

Intellectual skills and capabilities that include reasoning, problem-solving, and the capacity to understand complex ideas.

Babbling

Describes the early stage of child language development characterized by the production of sounds or syllables that do not form recognizable words.

Schemes

Cognitive frameworks or patterns of action and thought used for processing and organizing information.

Holophrase

A single word used by an infant that expresses a complete idea or sentence.